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National Energy Services Reunited (NESR) Hits Fresh High: Is There Still Room to Run?
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A strong stock as of late has been National Energy Services Reunited (NESR - Free Report) . Shares have been marching higher, with the stock up 0.5% over the past month. The stock hit a new 52-week high of $27.69 in the previous session. National Energy Services Reunited has gained 66.7% since the start of the year compared to the 21.9% gain for the Zacks Oils-Energy sector and the 34% return for the Zacks Oil and Gas - Mechanical and and Equipment industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on May 11, 2026, National Energy Services Reunited reported EPS of $0.26 versus consensus estimate of $0.21.
For the current fiscal year, National Energy Services Reunited is expected to post earnings of $1.68 per share on $1.91 in revenues. This represents a 104.88% change in EPS on a 44.26% change in revenues. For the next fiscal year, the company is expected to earn $2.47 per share on $2.34 in revenues. This represents a year-over-year change of 47.02% and 22.26%, respectively.
Valuation Metrics
While National Energy Services Reunited has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
National Energy Services Reunited has a Value Score of B. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 15.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 21.1X. On a trailing cash flow basis, the stock currently trades at 11.8X versus its peer group's average of 11.6X. Additionally, the stock has a PEG ratio of 0.33. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, National Energy Services Reunited currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if National Energy Services Reunited fits the bill. Thus, it seems as though National Energy Services Reunited shares could have a bit more room to run in the near term.
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National Energy Services Reunited (NESR) Hits Fresh High: Is There Still Room to Run?
A strong stock as of late has been National Energy Services Reunited (NESR - Free Report) . Shares have been marching higher, with the stock up 0.5% over the past month. The stock hit a new 52-week high of $27.69 in the previous session. National Energy Services Reunited has gained 66.7% since the start of the year compared to the 21.9% gain for the Zacks Oils-Energy sector and the 34% return for the Zacks Oil and Gas - Mechanical and and Equipment industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on May 11, 2026, National Energy Services Reunited reported EPS of $0.26 versus consensus estimate of $0.21.
For the current fiscal year, National Energy Services Reunited is expected to post earnings of $1.68 per share on $1.91 in revenues. This represents a 104.88% change in EPS on a 44.26% change in revenues. For the next fiscal year, the company is expected to earn $2.47 per share on $2.34 in revenues. This represents a year-over-year change of 47.02% and 22.26%, respectively.
Valuation Metrics
While National Energy Services Reunited has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
National Energy Services Reunited has a Value Score of B. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 15.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 21.1X. On a trailing cash flow basis, the stock currently trades at 11.8X versus its peer group's average of 11.6X. Additionally, the stock has a PEG ratio of 0.33. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, National Energy Services Reunited currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if National Energy Services Reunited fits the bill. Thus, it seems as though National Energy Services Reunited shares could have a bit more room to run in the near term.